AZ
Maricopa
Tempe
85282
200 E SOUTHERN Avenue 224
200 E SOUTHERN Avenue 224, Tempe, AZ 85282
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Listing Type
other
Listing Status
Active
31
$249,900

Home Details for 200 E SOUTHERN Avenue 224

Price
$249,900
Type
Residential
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Square feet
941
Year built
1986
Lot size acres
0.03
County
Maricopa
Days on site
136
Listing #
7009928
Hoa
445.39
Listing Courtesy: DeLex Realty - 602-910-3002
Property Description

ASU-AREA INVESTMENT OPPORTUNITY | Immediate Rental Income + 30+ Day Rental Flexibility + Future Upside in the Heart of Tempe! Prime Southern & Mill Location - Lender Partners Ready To Go - Long-Term Tenant Occupied - Community Improvements Underway - 30-Day Rentals Allowed - Inside & Community Laundry - Two Pools & Two Spas - Popular ASU Owner/Rental Site. Buy today with immediate rental income and future upside potential. 2 Bed-2 Bath split floorplan with laundry, spacious living areas, private shaded balcony, and covered parking. Approx 2.5 miles from ASU with great access to shopping, dining, major Valley employment centers, and freeways. An attractive opportunity for ASU students, buy-and-hold investors, portfolio growth, and 1031 Exchange buyers. Following the current lease, explore future Long-Term & Mid-Term rental strategies. This in-demand rental hub with local property management available makes purchasing seamless for out-of-state portfolios. One of the few locations to allow 30+ day rentals (MTR). Capitalize on high-yielding Lease-by-Room, transitional academic stays, corporate, and traveling medical staff. HOA dues include: exterior maintenance, roofing, blanket insurance, water, sewer, trash. Financing eligibility is subject to lender/project approval and may include conventional and DSCR. Investor analysis provided upon request. Buyer to independently verify all facts, HOA & rental rules, financing, and project eligibility.

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Property Features
  • House Interior
    • Granite Counters
    • Vaulted Ceiling(s)
  • Parking
    • Detached Carport
    • Assigned
  • Cooling Information
    • Central Air
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Fire Place
    • Living Room
School Information
School Information for 200 E SOUTHERN Avenue 224, Tempe, AZ 85282
Elementary School
Broadmor Elementary School
Middle School
Connolly Middle School
High School
Tempe High School
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Last Updated: 2026-09-17 00:31:27
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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